I am a 19 year old in my 2nd year of college looking to start early. I have invested a few thousand in some vanguard growth ETF’s and have basic knowledge of the stock market.
Short answer: Go for it.
Read this to understand why:
Longer answer: At 19 and in college the best investment you can make is in yourself. That’s not just some feelgood nonsense, it’s like mathematically true. i.e. throwing a few bucks in the market right now won’t be as good of a return as focusing on getting better grades in a better field and landing a better job. Plus there’s lots of uncertainty in your life coming up. Summer internships, graduation, job hunt, relocation, etc. If you can navigate all that stuff with no debt, then you’re killing it. If you do have debt, use that cash to pay the debt, not to invest. When you’re stable, employed, debt free, etc. Then you have extra cash, it’s time to throw it in the market. Just don’t put the cart before the horse.
Very true thank you!